table 22b

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					Statement of Interest Rates Applicable to Loans and Overdrafts in Rupees at the end of July 2001
                                                                                                     (Per Cent)
                                                         OVERDRAFTS              LOANS           LOANS & OVERDARFTS
                                                         MIN      MAX      MIN       MAX           MIN       MAX


Agriculture & Fishing                                     10.50    21.00     9.63        19.75        9.63        21.00
 - of which
    Mauritius Sugar Syndicate                             10.50    15.50    14.00        14.00       10.50        15.50
    Sugar Industry - Estates                              10.50    17.50     9.63        14.00        9.63        17.50
    Sugar Industry - Others                               10.50    21.00    11.00        18.75       10.50        21.00
    Agricultural Development Certificate Holders          10.75    18.50    11.75        15.50       10.75        18.50
    Agro-based Industrial Certificate Holders             15.50    15.50    15.50        16.00       15.50        16.00
    Sugarcane Planters                                    10.50    21.00    10.75        19.25       10.50        21.00
    Other Plantation                                      10.50    17.00    10.50        18.50       10.50        18.50
    Animal Breeding                                       10.50    18.75    10.50        19.75       10.50        19.75
    Fishing                                               10.50    19.50    12.25        17.25       10.50        19.50
    Other                                                 10.50    21.00    10.50        18.00       10.50        21.00
Manufacturing                                             10.50    21.00    10.00        20.75       10.00        21.00
 - of which
    Export Enterprise Certificate Holders                 10.50    21.00    10.50        18.75       10.50        21.00
    Export Service Certificate Holders                    10.50    21.00    11.25        15.50       10.50        21.00
    Pioneer Status Certificate Holders                    10.50    21.00    10.00        15.50       10.00        21.00
    Small and Medium Enterprise Certificate Holders       10.50    19.50    11.25        18.50       10.50        19.50
    Strategic Local Enterprise Certificate Holders        12.25    12.25     0.00         0.00        0.00        12.25
    Furnitures & Wood Products                            10.50    21.00    10.50        19.00       10.50        21.00
    Printing & Publishing                                 10.50    21.00    10.50        19.00       10.50        21.00
    Steel/Metal Products                                  10.50    21.00    10.50        19.25       10.50        21.00
    Food & Beverages                                      10.50    21.00    10.50        19.75       10.50        21.00
    Plastic Products                                      10.50    21.00    10.50        18.00       10.50        21.00
    Pharmaceuticals & Health Care                         12.25    21.00    12.00        16.50       12.00        21.00
    Jewellery & Precision Engineering                     10.50    19.75    12.00        19.25       10.50        19.75
    Electronics                                           10.50    16.50    13.75        19.00       10.50        19.00
    Leather Products & Footwear                           10.50    21.00    11.75        17.50       10.50        21.00
    Other                                                 10.50    21.00    10.50        20.75       10.50        21.00
Tourism                                                   10.50    21.00    10.50        19.75       10.50        21.00
 - of which
    Hotels                                                10.50    19.50    10.50        19.50       10.50        19.50
    Tour Operators & Travel Agents                        10.50    21.00    11.00        18.75       10.50        21.00
    Hotel Development Certificate Holders                 12.50    13.50    18.75        18.75       12.50        18.75
    Hotel Management Service Certificate Holders          10.50    21.00    10.50        14.50       10.50        21.00
    Restaurants                                           10.50    21.00    10.50        19.75       10.50        21.00
    Duty-Free Shops                                       15.50    15.50    16.25        16.25       15.50        16.25
    Other                                                 10.50    21.00    11.00        19.00       10.50        21.00
Transport                                                 10.50    21.00    10.50        19.75        9.00        21.00
 - of which
    Airlines                                              15.50    15.50     0.00         0.00        0.00        15.50
    Buses, Lorries, Trucks & Cars                         10.50    21.00    10.50        19.75        9.00        21.00
    Shipping & Freight Forwarders                         10.50    21.00    12.50        16.00       10.50        21.00
    Other                                                 10.50    21.00    11.00        19.25       10.50        21.00
Construction                                              10.50    21.50    10.50        20.75       10.50        21.50
 - of which
   Building & Housing Contractors                         10.50    21.50    10.50        19.50       10.50        21.50
    Property Development - Commercial                     10.50    21.00    11.00        20.25       10.50        21.00
    Property Development - Residential                    11.88    21.00    12.00        19.00       11.88        21.00
    Property Development - Land Parcelling                14.25    19.75    13.50        19.25       13.50        19.75
    Housing                                               10.50    16.50    10.50        20.25       10.50        20.25
    Housing Development Certificate Holders               11.00    21.00    13.00        17.00       11.00        21.00
    Industrial Building Enterprise Certificate Holders    10.50    21.00    10.50        17.50       10.50        21.00
    Other                                                 10.50    19.75    11.00        20.75       10.50        20.75
Traders                                                   10.50    21.50    10.50        21.25       10.50        21.50
 - of which
    Wholesalers                                           10.50    21.00    10.50        20.25       10.50        21.00
    Retailers - Supermarkets                              11.00    21.00    11.50        19.00       11.00        21.00
    Retailers - Shops & Snacks                            11.38    21.50    12.00        20.00       11.38        21.50
    Retailers - Pharmaceuticals & Chemists                12.00    21.00    14.25        17.50       12.00        21.00
    Retailers - Other                                     10.50    21.50    10.50        21.25       10.50        21.50
    Automobile Dealers & Garages                          11.75    21.00    11.00        20.25       11.00        21.00
    Other                                                 10.50    20.25    10.50        19.50       10.50        20.25
New Economy                                               10.50    21.00     0.00        18.00        0.00        21.00
 - of which
    Telecommunications                                    10.50    16.50    12.00        12.00       10.50        16.50
    Internet                                              14.25    14.25     0.00         0.00        0.00        14.25
    Information Technology - Hardware                     10.50    21.00    13.50        14.00       10.50        21.00
    Information Technology - Software                     13.50    16.50    12.00        16.50       12.00        16.50
    Personal Computers                                    13.50    19.25    11.00        17.50       11.00        19.25
    Other                                                 10.50    16.50    14.00        18.00       10.50        18.00
Financial and Business Services                           10.50    21.00    10.50        19.00       10.50        21.00
 - of which
    Stockbrokers & Stockbroking Companies                 12.00    15.50     0.00         0.00        0.00        15.50
    Insurance Companies                                   10.50    21.00    10.50        16.50       10.50        21.00
    Leasing Companies                                     13.50    13.50    12.50        12.50       12.50        13.50
    Accounting & Consultancy Services                     11.00    21.00    12.00        15.50       11.00        21.00
    Other                                                 10.50    21.00    10.50        19.00       10.50        21.00
Infrastructure                                            10.50    21.00    11.00        18.00       10.50        21.00
 - of which
    Airport Development                                   12.00    21.00    11.00        11.50       11.00        21.00
    Port Development                                      14.25    14.25                              0.00        14.25
    Power Generation                                      10.50    14.25                              0.00        14.25
    Road Development                                      12.50    13.00    13.00        13.00       12.50        13.00
    Other                                                 12.00    16.50    14.25        18.00       12.00        18.00
Statutory and Para-Statal Bodies                          10.50    21.00    10.50        13.00       10.50        21.00
Regional Development Certificate Holders                  12.50    12.50                              0.00        12.50
Freeport Enterprise Certificate Holders                   12.50    17.00    15.75        17.00       12.50        17.00
Regional Headquarters Certificate Holders                 10.50    14.25    14.25        14.25       10.50        14.25
Health Development Certificate Holders                    13.50    21.00    11.00        15.50       11.00        21.00
Personal                                                  10.50    21.50    10.50        20.75       10.50        21.50
Professional                                              10.50    20.75    10.50        20.25       10.50        20.75
Education                                                 16.50    19.75    16.50        16.50       16.50        19.75
Media, Entertainment and Recreational Activities          10.50    18.00    11.75        17.50       10.50        18.00
Other Customers                                           10.50    21.00    10.50        20.25       10.50        21.00
STATEMENT OF INTEREST RATES APPLICABLE ON DEPOSITS
As at end of Month: JULY 2001
                                                      (Per Cent)
                                         MIN             MAX



1. SAVINGS                                     7.00            7.50

2. TIME

 Call                                          7.00          8.50
 7 Days' Notice                                7.00         10.00
 Exceeding 7 Days & Up to 1 Month              7.00         10.00
 Exceeding 1 Month & Up to 3 Months            7.00         12.00
 Exceeding 3 Months & Up to 6 Months           7.13         10.00
 Exceeding 6 Months & Up to 9 Months           7.13          9.75
 Exceeding 9 Months & Up to 12 Months          6.88         12.00
 Exceeding 12 Months & Up to 18 Months         7.25         11.50
 Exceeding 18 Months & Up to 24 Months         7.38         12.00
 Exceeding 24 Months & Up to 36 Months         7.63         13.00
 Exceeding 36 Months & Up to 48 Months         7.00         13.50
 Exceeding 48 Months & Up to 60 Months         7.75         13.50
 Exceeding 60 Months                           9.00         12.50
Table 22b: Principal Interest Rates: July - August 2001

                                 (As on the last day of the month)         (Per Cent Per Annum)
                                                                          Jul-01            Aug-01


I. LENDING

  Bank of Mauritius
   Lombard Rate                                                                    12.00          11.75
   Bank Rate                                                                       11.15           9.78

  Commercial Banks
  A. Prime Lending Rate                                                  10.50 - 11.75     10.50 - 11.75
  B. Sectoral Rates
     1. Agriculture & Fishing                                             9.63 - 21.00      9.63 - 21.00
      of which
        - Mauritius Sugar Syndiacte                                      10.50 - 15.50     10.50 - 19.50
        - Sugar Industry                                                  9.63 - 21.00      9.63 - 21.00
     2. Manufacturing                                                    10.00 - 21.00     10.00 - 21.00
      of which
        - Export Enterprise Certificate Holders                          10.50 - 21.00     10.50 - 21.00
     3. Tourism                                                          10.50 - 21.00     10.50 - 21.00
      of which
        - Hotels                                                         10.50 - 19.50     10.50 - 21.00
     4. Transport                                                        10.00 - 21.00     10.50 - 21.00
     5. Construction                                                     10.50 - 21.50     10.50 - 21.50
      of which
        - Housing                                                        10.50 - 20.25     10.50 - 20.25
     6. Traders                                                          10.50 - 21.50     10.50 - 21.50
     7. New Economy                                                      10.50 - 21.00     10.50 - 21.00
     8. Financial and Business Services                                  10.50 - 21.00     10.50 - 21.00
     9. Infrastructure                                                   10.50 - 21.00     10.50 - 21.00
   10. Statutory and Para-Statal Bodies                                  10.50 - 21.00     10.50 - 21.00
   11. Regional Development Certificate Holders                                  12.50
   12. Freeport Enterprise Certificate Holders                           12.50 - 17.00     16.75 - 17.00
   13. Regional Headquarters Certificate Holders                         10.50 - 14.25             14.25
   14. Health Development Certificate Holders                            11.00 - 21.00     10.50 - 21.00
   15. Personal                                                          10.50 - 21.50     10.50 - 21.50
   16. Professional                                                      10.50 - 20.75     10.50 - 20.75
   17. Education                                                         16.50 - 19.75     10.50 - 19.75
   18. Media, Entertainment and Recreational Activities                  10.50 - 18.00     10.50 - 18.00
   19. Other Customers                                                   10.50 - 21.00     10.50 - 21.00

II. DEPOSITS
1. SAVINGS                                                                          7.00             7.00
2. TIME
   Call                                                                    7.00 - 8.50       7.00 - 8.50
   7 Days' Notice                                                         7.00 - 10.00      7.00 - 10.00
   Exceeding 7 Days & Up to 1 Month                                       7.00 - 10.00      7.00 - 10.00
   Exceeding 1 Month & Up to 3 Months                                     7.00 - 12.00      7.00 - 10.88
   Exceeding 3 Months & Up to 6 Months                                    7.13 - 10.00      7.00 - 11.00
   Exceeding 6 Months & Up to 9 Months                                     7.13 - 9.75      7.38 - 11.75
   Exceeding 9 Months & Up to 12 Months                                   7.25 - 12.00      7.00 - 12.00
   Exceeding 12 Months & Up to 18 Months                                  7.25 - 11.50      7.00 - 11.50
   Exceeding 18 Months & Up to 24 Months                                  7.38 - 12.00      7.00 - 12.00
   Exceeding 24 Months & Up to 36 Months                                  7.63 - 13.00      7.53 - 13.50
   Exceeding 36 Months & Up to 48 Months                                  7.00 - 13.50      7.00 - 13.50
   Exceeding 48 Months & Up to 60 Months                                  7.75 - 13.50      8.63 - 13.50
   Exceeding 60 Months                                                    9.00 - 12.50      9.00 - 12.50

Note: The Lombard Rate was reduced from 12.00% to 11.75% on 30-Aug-01.
Commercial banks adjusted their lending and deposit rates accordingly.

				
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